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European Commissioner for Budget and Administration Hahn concludes two-day visit to Manila

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Following his successful two-day visit to Manila from September 12-13, European Commission for Budget and Administration Johannes Hahn, concludes his visit to the Philippines.

This is the first time that a European Commissioner for Budget and Administration has visited the Philippines.

The Commissioner  has taken the opportunity of his stay in Manila to promote investment in EU-bonds as a safe asset and the euro (EUR) as a stable global currency.

He has met with Philippine budget and finance interlocutors from the country.

In only a couple of years, the EU has become one of the largest issuers in euro; it issues about €150 billion per year.

Meanwhile, the Commission has a diversified investor base of around 1,700 different investors from 70 countries. Interest from investors outside Europe is growing.

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